Businesses of Kerry Group

To date, Kerry Group has hotels, real estate, beverages and grain and oil businesses. 1. Pacific Ocean Engineering (Zhoushan) Co., Ltd. was established in October 2006. It is a wholly-owned subsidiary of Singapore Pacific China Group (Zhoushan) Pte. Ltd., a subsidiary of the Hong Kong Kerry Group (widely known as the Kuo Brothers Group in Southeast Asia). subsidiaries. Kerry Group is one of the most diversified and enterprising multinational conglomerates in Asia. Representative group members with domestic investments include Shangri-La (Hotel), Kerry Construction, and Kerry Cereals and Oils (Arowana Edible Oil). , Kerry Logistics, etc. Pacific Offshore Engineering (Zhoushan) Co., Ltd. is a wholly foreign-owned enterprise approved by the Zhejiang Provincial Development and Reform Commission. It is mainly engaged in the production of oil exploration platforms, offshore floating storage and unloading devices and various types of marine transportation ships and other offshore engineering businesses. The project construction site is located in Changbai Township, Dinghai District, Zhoushan City, Zhejiang Province. The total investment is approximately US$250 million. The project will be constructed in phases and put into operation in phases. The total investment in the first phase is US$99 million. Once completed and put into production, the annual turnover is expected to be more than RMB 10 billion.

The company will introduce the world's advanced technology and management concepts, adhere to the core values ??of "innovation, environmental protection, safety, harmony and efficiency", and follow the development path of "high technology, high growth and high efficiency". With large-scale production and reasonable layout, we are based in East China and radiate around the world. We are committed to expanding the international marine engineering and ship repair and shipbuilding market and creating a first-class marine engineering base in China and even the world.

2. Zhuhai Pacific Yuexin Marine Engineering Co., Ltd. (the company name information was changed in November 2010), formerly known as Zhuhai Jiayue Shipbuilding Co., Ltd., was established in 2007 and is owned by the Hong Kong Kerry Group (i.e. A joint venture jointly established by Singapore Pacific Group (70% holding) and Guangzhou Yuexin Shipbuilding Co., Ltd. (30% holding), which is widely known in Southeast Asia as Kuo Brothers Group. Zhuhai Pacific Yuexin Offshore Engineering Co., Ltd. is mainly engaged in the production and manufacture of work boats for offshore oil drilling platforms, the design, manufacture and after-sales service of harbor tugboats and steel yachts. The project construction site is located in Fushan Industrial Park, Doumen District, Zhuhai City. The total investment is about 200 million yuan (including about 1.4 million yuan in environmental protection investment). After completion and put into operation, the annual output is about 16 ships. At the same time, about 10 port-operated ships (such as Hong Kong-operated ships) are also repaired every year. Ship surveillance, ferries, anti-smuggling boats, etc.) is expected to have an annual turnover of more than 800 million yuan. The total area is about 200,000 square meters, and the total construction area is about 115,000 square meters, including production workshops, warehouses, floating docks, slipways, comprehensive buildings, etc.